Tax Freedom Day

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Happy Tax Freedom Day everyone

Every penny you (UK taxpayers) have earned so far this year will be going to the government, but do keep the rest of the year's income for yourself!

http://www.adamsmith.org/blog/tax-spending/today-i...

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sinizter said:

Since my tax is calculated from April and not January, not even close.

This is a well established international metric, standardised to the calendar to cope with the various fiscal regimes adopted by individual countries.

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fido said:

As a better comparison - which countries have an earlier Tax Freedom Day. I'm guessing the feudal serfs didn't have an NHS, Nuclear Weapons or Olympics to fund. Most didn't make it past 30 years old.

USA - April 17th
Australia - April 4th

...but France has their's in July, and the author wonders what impact the new President will have on that date!